Dec 5, 2012 12:00am PST
in a fiscal cliff deal. we talk with delaware governor jack markell. >> susie: i'm susie gharib. a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
Dec 11, 2012 12:00am PST
will be tested as the fiscal cliff deadline approaches without a deal inside yet. i'm very pleased to have jeff immelt back on this program. welcome >> charlie, thanks, good to be back with you. >> rose: we've talked many times about g.e. since you took over, i think once since -- just after 2001. where is the company today in terms of where do you want it to be and where do you want it to be in the next five years? >> i think, charlie, what we've tried to do is simplify the portfolio into infrastructure and financial services. we like where the portfolio is today. we think in the infrastructure space there's going to be roughly $4 trillion spent each year, so it's an attractive big market. globally is where our opportunities are so the company's -- probably a decade ago 30% of our revenues were outside the united states. now it's more like 60% or 65%. so we think we've got the portfolio we want. we've dramatically increased the amount of technology. and in the end i think technology and innovation are the competitive advantage. we've got a good global footprint. we're in 140 countries. and we'
Dec 6, 2012 12:00pm PST
. >> this gets to being able to walk and chew gum at the same time, being able to deal with the fiscal cliff but also potential chemical weapon crises in syria. if the whitehouse wasn't concerned the president wouldn't have gone out and delivered that speech earlier this week. >> rose: finally there's this thing that he has to continue with. he's got a new administration coming up in january. we're now in december. who is handling that transition, who is setting up the process of selecting a new secretary of state, a new secretary of defense, a new chief of staff, a new head of the cia? >> so peat rauss is a deputy chief of staff senior advisers, he's playing a central role on all of this. based on our reporting it look like what the president is going to do is first announce his security team and that could come as early as next week so he would be announcing at the same time secretary of state, defense secretary, cia among the names. it's not super news but state senator john kerry, un ambassador susan rice. i asked the president whether or not he felt the republican criticisms and attack
Dec 5, 2012 11:00pm EST
for lawmaker to reach a deal before the fiscal cliff deadline. the whitehouse open sists tax rates must rise on higher incomes in order to balance spending cuts but republican leadership remains committed to extending the bush tax cuts for all a tax bracket. brainer offer his response to the president. in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think that we have the potential of getting a deal done, but it's going to require what i talked about during the campaign which is a balanced responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately the speaker's proposal right now is still out of balance. he talks for example about $800 billion worth of revenues but he says he's going to do that by lowering rates. when you look at the math, it doesn't work. >> rose: and here is the president talking about why it's essential for him that there be tax increases for the most wealthy among us. >> i don't think that the issue right now has to do with sitt